Is your retail business grappling with the spiraling costs of shrinkage that is eroding your bottom line – even more? Are you witnessing a surge in both customer and employee theft – contributing up to 80% of the total shrink … Read More
Author Archives: Fran Ellis
Modern Markdown Optimization: Beyond Traditional Solutions and Manual Spreadsheets
THE MANUAL APPROACH TO MARKDOWNS: “AN UNAVOIDABLE LOSS CENTER” When I was in retail, we always thought of clearance markdowns as an unavoidable loss center. Every week we would manually reproject sales and inventory to determine how many units we … Read More